Why Prop Firms Will Keep Taking Your Money

Why Prop Firms Will Keep Taking Your Money | You Lose

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Күн бұрын

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@Trillbacon 8 ай бұрын

Funded trading is literally the best way to trade better and faster if you don’t have the capital . As long as you trade w/ the thought that this is your own money. and you go into every trade with an amazing risk to reward . This video wasn’t really accurate. I have friends who have passed these challenges and changed their lives entirely lol. It’s funny because the rules that prop firms have set up is literally the way everybody should be trading. You should not be risking 2k to make 2k you might as welll hit the casino. Sorry but prop firms have changed peoples lives. As long as you trade like it’s your money

@TCTrading 8 ай бұрын

I am not hating on prop firms. This video is more explaining that most people will lose money with them and what you mentioned is a big reason why. The rules are there for a reason, but most people still can't respect them and then don't understand why they never pass or withdraw. Hopefully those who watch this can see that and then make the changes they need to in order to give them a better shot at this trading thing.

@beezytalkingshit9319 7 ай бұрын

How do you get in contact with a prop firm to do the challenge? Which ones did your friends use?

@OrianAmirkulov 2 ай бұрын

I heard even I f u pass prop firms, they do n’t give u real money so how they make money then please anyone?

@TCTrading Ай бұрын

Depends on the firm, but most do not give you real money to trade with. Usually, if you pass the challenge phase, you still get given a fresh demo account, but now if you make money you can withdraw the "profits". Some firms will copy your trades, sell your data, etc... to help hedge themselves and make some money off their profitable traders in order to make sure they can pay you out.

@reena821 5 ай бұрын

Can you name some of those prop firms?

@TradewithAlexT 8 ай бұрын

These aren’t the traditional prop firms, traditional funds and legit funds don’t require any money. Plus spend a lot ton of capital and resources to train the right people.